I’m sure you’ve heard about the numerous cyber attacks on big businesses like Target, Chase Bank, Equifax, and Sony, and other large organizations like the U.S. Government. These are big enterprises that have the resources to make their systems as secure as possible, yet they still can’t stop hackers from taking advantage.
Small- and medium-sized businesses get less media attention but they are also targets of these attacks. Most have insufficient security and the results of a cyber attack can be devastating.
Consider this: In 2011, small business hacks represented fewer than 20 percent of all attacks; nowadays the number is close to 50 percent.
While large companies make the headlines, the reality is one-in-three documented data breaches occur in smaller businesses. And the aftermath is often grim. About 60 percent of small businesses close their doors within six months following a cyberattack, according to Brian Kearney, chief underwriting officer for Travelers Small Commercial Accounts.
Smaller businesses obviously can’t match what their large enterprise counterparts are able to spend on cybersecurity. Still, there are ways to compensate for any budgetary limitations and put in place a comprehensive defense before cybercriminals target you. (source)
SMBs need to be vigilant and face the fact that cybersecurity isn’t just for big businesses. Resources and budgets may not be the same, but there are other ways smaller companies can implement strong security measures.
One of the simplest methods is to implement a robust two-factor authentication system like GreenRADIUS. Smaller companies don’t need to be overwhelmed with cybersecurity – GreenRADIUS is easy-to-use for both users and admins. It is also easy to deploy and even easier to maintain. Contact us today to learn more.
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